3M Company (MMM) price prediction for 2022
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Read ArticlePredicted price range for Stanley Black & Decker Inc
Our trading algorithm values Stanley Black & Decker Inc (SWK) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $76.53 |
| 60 Day Prediction | $74.79 |
| 60 Day Pred - Lower Bound | $62.86 |
| 60 Day Pred - Upper Bound | $86.62 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.157 * nr_days_in_the_future + 79.500
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
SWK traded at $76.53 this Sunday October 16th, loosing $-0.12 or -0.16 percent since last week.
Looking back, over the last month, SWK has been loosing $-7.83 or -10.23 percent.
Over the last year, it has been loosing $-111.04 or -145.09 percent.
Seasonality of Stanley Black & Decker Inc
Using our AI model, we have been analyzing the value change for Stanley Black & Decker Inc depending on the day or month of a year. This can be seen in the following graph:
